BioVie Inc (NASDAQ: BIVI) is 12.00% higher on its value in year-to-date trading and has touched a low of $1.04 and a high of $33.10 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The BIVI stock was last observed hovering at around $2.23 in the last trading session, with the day’s gains setting it 0.01%.
Currently trading at $2.24, the stock is 3.56% and -14.34% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.43 million and changing 0.45% at the moment leaves the stock -33.48% off its SMA200. BIVI registered -82.36% loss for a year compared to 6-month loss of -45.68%. The firm has a 50-day simple moving average (SMA 50) of $2.6149 and a 200-day simple moving average (SMA200) of $3.367525.
The stock witnessed a -11.81% gain in the last 1 month and extending the period to 3 months gives it a 98.23%, and is 1.36% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 6.29% over the week and 10.21% over the month.
BioVie Inc (BIVI) has around 14 employees, a market worth around $41.33M and $0.00M in sales. Distance from 52-week low is 115.30% and -93.23% from its 52-week high. The company has generated returns on investments over the last 12 months (-185.93%).
The EPS is expected to grow by 39.59% this year.
BioVie Inc (BIVI) Top Institutional Holders
55.0 institutions hold shares in BioVie Inc (BIVI), with institutional investors hold 11.57% of the company’s shares. The shares outstanding are 18.45M, and float is at 15.95M with Short Float at 7.35%. Institutions hold 9.99% of the Float.
The top institutional shareholder in the company is ALTIUM CAPITAL MANAGEMENT LP with over 1.98 million shares valued at $0.79 million. The investor’s holdings represent 4.4248% of the BIVI Shares outstanding. As of 2024-06-30, the second largest holder is SABBY MANAGEMENT, LLC with 0.73 million shares valued at $0.29 million to account for 1.6362 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 0.57 million shares representing 1.2687% and valued at over $0.23 million, while GEODE CAPITAL MANAGEMENT, LLC holds 0.5171 of the shares totaling 0.23 million with a market value of $92786.0.
BioVie Inc (BIVI) Insider Activity
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